Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $0.31 in the prior trading day, Farmmi Inc (NASDAQ: FAMI) closed at $0.30, down -2.52%. In other words, the price has decreased by -$2.52 from its previous closing price. On the day, 1.37 million shares were traded. FAMI stock price reached its highest trading level at $0.3088 during the session, while it also had its lowest trading level at $0.28.
Ratios:
Our goal is to gain a better understanding of FAMI by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.45 and its Current Ratio is at 21.81. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FAMI now has a Market Capitalization of 3219718 and an Enterprise Value of 7321309. As of this moment, Farmmi’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1.45. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.04 while its Price-to-Book (P/B) ratio in mrq is 0.01. Its current Enterprise Value per Revenue stands at 0.085 whereas that against EBITDA is 2.894.
Stock Price History:
The Beta on a monthly basis for FAMI is 1.24, which has changed by -0.7169812 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, FAMI has reached a high of $2.35, while it has fallen to a 52-week low of $0.17. The 50-Day Moving Average of the stock is 1.61%, while the 200-Day Moving Average is calculated to be -39.18%.
Shares Statistics:
The stock has traded on average 2.89M shares per day over the past 3-months and 10755510 shares per day over the last 10 days, according to various share statistics. A total of 10.68M shares are outstanding, with a floating share count of 10.63M. Insiders hold about 0.44% of the company’s shares, while institutions hold 2.39% stake in the company. Shares short for FAMI as of 1735603200 were 410606 with a Short Ratio of 0.14, compared to 1732838400 on 869847. Therefore, it implies a Short% of Shares Outstanding of 410606 and a Short% of Float of 3.8599998.
